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English: 8-Hour License Renewal Auto Dealer Course

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schedule assessment Existing Dealers

  1. As A Dealer, It Is Your Responsibility To Understand The Rules And Regulations Regarding Dealer Licensing.
  2. A motor vehicle dealer must stop doing business if the current motor vehicle dealer license has expired prior to receiving His license renewal.
  3. Dealer license plates May only be used on vehicles That are in the dealer’s inventory.
  4. Identity Theft is the unauthorized use of another person’s identity for personal gain.
  5. Dealers are obligated to document Their Procedures for verifying customer identities.
  6. The purchaser must Provide proof of insurance in order to complete the registration process.
  7. A dealer can apply for a “title only” without Registering the vehicle. The customer must complete a non-use affidavit.
  8. A salvaged vehicle is One That Has Been Affected by flood, fire, crash, or any event Causing major components of the vehicle to be rendered inoperable.
  9. RU = Used Recreational Vehicle Dealer.
  10. NI, NH, NR = Non-Resident Dealer.
  11. VF =This Type Of License Allows Dealers To Sell New Motor Vehicles, Authorized By A Manufacturer, Importer Or Distributor.
  12. SF = This License Allows Franchised Dealers To Operate A Service And Repair Facility At A Location Other Than Their Licensed Dealership.
  13. VI =. These Dealers Only Buy, Sell, Or Deal In Pre-Owned Motor Vehicles (Used Cars).
  14. VW =  This License Applies Only To Wholesale Dealers Who Engage In Buying, Selling, Or Motor Vehicles At Dealing In Wholesale And / Or Auction.
  15. VA = This License Allows Any Person Or Selling Motor Vehicles Recreational Vehicles To The Highest Bidder, So Long As The Bidder Is A Licensed Dealer.
  16. SD = This License Authorizes A Person To Engage In The Business Of Buying, Selling, Or Dealing In Salvaged And Wrecked Vehicles And Their Parts.
  17. BH = This License Applies To A Person Who Acts As The Agent On Behalf Of The Owner Or A Seller Of Used Mobile Home.
  18. Dh = This License Applies To Dealers Engaged In Buying, Selling Or Displaying For The Sale Of Mobile Homes.
  19. RV = This License Applies To Dealers Engaged In Buying, Selling Or Displaying For The Sale Of New Recreational Vehicles.
  20. RU =  This License Applies To Dealers Engaged In Buying, Selling Or Displaying For The Sale Of Used Recreational Vehicles.
  21. NI, NH, NR = This License Applies To (FS 320.71 (2)) Any Person Who Is A Nonresident Of The State, Who Does Not Have A Dealer’s Contract From The Manufacturer Or Manufacturer’s Distributor Of Motor Vehicles, Mobile Homes, Or Recreational Vehicles Authorizing The Sale Thereof In Definite Florida Territory, And Who Sells Or Engages In The Business Of Selling Retail Said Vehicles At The State Within.
  22. Has To Be Submitted With Dealer Application Form – Proof Of Identification / DL.
  23. Has To Be Submitted With Dealer Application Form – A True Copy Of Lease Or Proof Of Property Ownership.
  24. Has To Be Submitted With Dealer Application Form – Proof Of Electronic Fingerprints (Receipt) For Each New Officer From A FDLE Authorized Service Provider.
  25. Has To Be Submitted With Dealer Application Form – Copy Of Dealer Training Course Certificate.
  26. Has To Be Submitted With Dealer Application Form – Original Surety Bond / Irrevocable Letter Of Credit.
  27. Has To Be Submitted With Dealer Application Form – Copy Of Business And / Or Fictitious Name Registration (If Fictitious Name Is Applicable) (On-Line Http://Www.Sunbiz.Org/).
  28. Has To Be Submitted With Dealer Application Form – Copy Of Certificate Of Statues From The Division Of Corporations Showing Current Registration Of Business To Conduct Business In The State Of Florida (On-Line Http://Www.Sunbiz.Org/).
  29. Has To Be Submitted With Dealer Application Form – Papers Corporation, Corporate Meeting Minutes Showing The Election Of Corporate Directors, The Article Of Incorporation If Dealership Is A Corporation Or Incorporation.
  30. Has To Be Submitted With Dealer Application Form – Independent Dealers (Vi), Auction Dealers (VA), Wholesale And Dealers (VW) Have The Option To Submit A Copy Of: A Garage Liability Insurance Certificate Which Shall Include, At A Minimum $ 25,000 Combined Single-Limit Liability Coverage Including Bodily Injury and Property Damage Protection And $ 10,000 Personal Injury Protection Or A General Liability Insurance Policy Coupled With A Business Automobile Policy, Which Shall Include, At A Minimum, $ 25,000 Combined Single-Limit Liability Coverage Including Bodily Injury And Property Damage Protection And $ 10,000 Personal Injury.
  31. Salvage Dealers (SD) Are Exempt From Submitting A Garage Liability Insurance Coverage
  32. Items That Need To Be Submitted For A Corporate Update – A Complete Application Form HSMV 86056.
  33. Items That Need To Be Submitted For A Corporate Update – Minutes Of The Meeting.
  34. Items That Need To Be Submitted For A Corporate Update – Proof Of Electronic Fingerprints From A FDLE Authorized Service Provider.
  35. Items That Need To Be Submitted For A Corporate Update – Copy Of The Corporate Registration Changes From The Division Of Corporations On-Line Access At Florida Sunbiz.
  36. For Licensing Period (VF) January 1 – December 31
  37. For Licensing Period (SF) January 1 – December 31.
  38. For Licensing Period (VI) May 1 – April 30.
  39. For Licensing Period (VW) May 1 – April 30.
  40. For Licensing Period (VA) May 1 – April 30.
  41. For Licensing Period (SD) May 1 – April 30.
  42. Vehicles That Require Dealer Plates Are As Follows: Vehicles Involved With The Dealer’s Business; Vehicles That Are Being Used For Demonstration; Vehicles That Are Being Or To Move From A Dealership; Vehicles That Are Out To A Customer loaned By A Dealer Without Any Compensation; Vehicles Used By The Dealer To Conduct Some Services That Are Related To The Day To Day Business Of The Dealership; Owned Vehicles By The Dealer Inventory While In And For Sale.
  43. Vehicles That May Not Require Dealer Plates Are As Follows: Services That Are Being Used Trucks Hauling Or For Making Service Calls For Compensation, Or On Parts Supply Trucks Calling On Retail Or Wholesale Trade, Or On Wreckers (S. 320.13, FS) . A Wholesale Dealer Is Not Entitled To Using Dealer Plates. It’s Not Good To Use Dealer Plates For Private Use.
  44. It’s Very Much Possible To Replace Dealer Plates, Which May Have Been Destroyed, Lost, Stolen Or. But To Accomplish This, The Dealer Must Such Incidence Report To Any Law Enforcement Agency.
  45. The Registration Periods For Dealer License Plates Are The Same As The Dealer License Period.
  46. Any Or Misuse Of Abuse Dealer License Plates May Lead To Penalty And Sanctions.
  47. As A Dealer You Could Also Request An Off-Premise Out.
  48. The Division Will Generally Grant A Off-Premise Out To A Dealer For A Period Of No Longer Than 10 Days At No Cost To The Dealer.
  49. Dealership Will Be Audited At One Point Or Another By The Division Of Motorist Services (They Will Contact You If Your Hours Are Posted In Your Sign “By Appointment Only”).
  50. The Dealer Is Also Required To Make All Records Available At All Reasonable Hours, Especially When The Department Or Any Of Its Compliance Examiner, Or Other Employees Is Expected To Carry Out Inspections.
  51. The Retention Period Required Files For Deal / Deal Jackets, Sales And Supporting Documentation Files Is A Minimum Of 5 Years UNLESS Specific Document Retention Requirements Are Superseded By Other Departments Or Jurisdictions..
  52. An Odometer Disclosure Statement. Copies Of This Must Be Maintained For Five (5) Years. The Only Vehicles That Are Exempted From This Requirement Include GVW Vehicles With More Than 16,000 And 10 Years Old Or Older, Or Not Self-Propelled. This Exemption Is In Accordance With Section 319 225 (4), F. S., Exempt Vehicles.
  53. Files Deal Need To Have – A Sales Contract.
  54. Files Deal Need To Have – A Purchase Agreement.
  55. Deal Need To Have Files – Copy Of Certification Of Devices Or Pollution Control Systems.
  56. Files Deal Need To Have – A Warranty Agreement.
  57. Deal Need To Have Files – Any Other Agreement Relevant To The Motor Vehicle Transaction.
  58. As a dealer you must not Understand That by Maintaining compliance, you are exposing yourself / dealer to a wide range of consumer complaints.
  59. When a motor vehicle dealer is Convicted of a crime Which results in his or her being prohibited from Continuing In That capacity, the dealer May not continue in any capacity Within the industry.
  60. Temporary tags are good for 30 days.
  61. A dealer must notify the Division of Motorist Services of any modification of the dealer license I Intends to make.
  62. Employer Identification Number (EIN) “Refers to a nine digit number, Which are Assigned to business entities by the Internal Revenue system.
  63. Those Applying for motor vehicle dealer license are required to Indicate Their sales tax number on Their application form.
  64. A dealer May NOT use temporary (paper) plates to Demonstrate vehicles to prospective purchasers.
  65. A certificate of title contains a labeled place for the seller’s price to be written in, dealers are not required to do so.
  66. The registration period for dealer license plates runs concurrently With the motor vehicle dealer licensing period.
  67. In the case of a retail sale, the selling dealer is required to title the vehicle in the name of the purchaser Within thirty days from the date of sale or delivery of the vehicle.
  68. Dealer licenses expire on the same day That dealer plates do.
  69. NMVTIS was created to make it difficult to fictitiously register a vehicle in one state when it is already registered in another state.
  70. NMVTIS was created to make it difficult for thieves.
  71. Financing is illegal if not licensed.
  72. The state requires the collection and payment of taxes for Certain items being used in conjunction with business operations.
  73. Discretionary Local Option Taxes or Surcharges are levied by the single counties.
  74. Tax returns are to be Submitted monthly and are Considered late if not filed and taxes paid by the 20th of the following month.
  75. If a dealer elects to discontinue His business, I must return the motor vehicle dealer license to the Division of Motor Vehicles, along with a written request to cancel His license. The dealer must turn in His Past dealer license plates and any temporary tags I have left.
  76. The Division Of Motorists Services Is Located In Tallahassee, Florida They Have The Responsibility Of All Reviewing And Approving New Motor Vehicle Applications From Across The State.
  77. Regional Offices Monitors, Audits, And Regulates All Motor Vehicle Activity To Ensure Compliance.
  78. Dealers Must Understand That They Have To Strictly Follow The State And Federal Guidelines Governing the Industry.
  79. The Division Has The Authority To Revoke License In A Certain Situations.
  80. If You Buy And Sell Vehicles As Your Primary Business, You Need A dealer License.
  81. The State Of Florida Considers A Dealer You If You Sell More than 3 Vehicles Within A 12 Month Period.
  82. $ 75 annual renewal fee for the primary location, If the completed application, all required documents, and fee are not received for the primary location by April 30th, $ 100 delinquent fee is due for a complete renewal fee of $ 175. Checks must be made payable to DHSMV.
  83. $ 150 biennial license renewal fee if you are opting for a biennial (two years) renewal. Checks must be made payable to DHSMV.
  84. When renewing must submit – Completed license renewal application form HSMV 86720.
  85. VF = Franchised Motor Vehicle Dealer.
  86. SF = Franchised Motor Vehicle Service Facility.
  87. VI = Independent Motor Vehicle Dealer.
  88. VW = Wholesale Motor Vehicle Dealer.
  89. When renewing must submit – Dealer License Continuing Education course certificate of completion or a pre-licensing Dealer Training Seminar for independent dealers only.
  90. When renewing must submit – Copy of certification from the Division of Corporations showing current registration of the business and fictitious name (s) (on-line access at www.sunbiz.org).
  91. The application to collect and report taxes is called Florida Business Tax Application Form DR-1.
  92. Social Security Numbers (SSNs) is used by the Florida Department of Revenue as unique identifiers.
  93. The Annual Certificate of Resale expires on December 31st of every year, but will be Automatically Renewed by the Department of Revenue as long as the dealer Maintains an active Certificate of Tax Registration.
  94. The Dealer has to Apply for Title except When the buyer is purchasing a vehicle and Then They will register the vehicle in Their own state / out of state.
  95. Acceptable proof of ownership – Assigned Properly A certificate of title.
  96. Acceptable proof of ownership – A Certificate of Origin manufacturers for new vehicles.
  97. Accepts When a dealer for a trade-in vehicle That was Previously titled in another state, the dealer must complete form HSMV82042: Vehicle Identification Number and Odometer Verification.
  98. As a dealer When a vehicle is Purchased by a resident of another state They are eligible for a partial exemption of taxes.
  99. When any business Receives $ 10,000 or more in cash (paper money) from a customer, the business has the obligation Which Means They need to complete Form 8300.
  100. An “E-Title” is a clear title and exists in an electronic form.
  101. The main purpose of the Patriot Act is to deter and punish terrorist acts in the United States and around the world, to Enhance law enforcement investigatory tools, and other purposes.
  102. An “ELT” That is a title exists in an electronic form with a lien.
  103. The registration process Involves the application for new plates or the transferring of current plates on the purchaser’s behalf.
  104. VA = Motor Vehicle Auction.
  105. SD = Salvage Dealer.
  106. BH = Used Mobile Home Broker.
  107. DH = Mobile Home Dealer.
  108. RV = New Recreational Vehicle Dealer.
  109. Dealers are required by law to enter odometer readings each and every time a vehicle is sold or Purchased UNLESS it is exempt.
  110. It is unlawful for any person to park a motor vehicle upon a public street or highway for the principal purpose and intent of displaying the motor vehicle for sale.
  111. The most common lien is When a buyer is financing the purchase and the finance company secures loan STI by Placing a lien Against the vehicle.
  112. Expiration dates are the same for all Independent Dealers.
  113. Dealers must advise Their insurance agents Before They purchase any dealer plates.
  114. The greater the number of dealer license plates to use in the business, the greater the dealer’s potential liability.
  115. Extended warranties or extended service agreements are subject to sales tax.
  116. ​​If a motor vehicle dealer license renewal application is Submitted late and Division of Motorist Services Processes it after the current license has expired, the applicant will be Assessed a late penalty.
  117. All complaints received from a consumer Against a dealer must be in writing.
  118. A motor vehicle dealer license renewal cannot be issued UNLESS surety coverage is in effect
  119. License plates May be registered for 12 or 24 months. Rates will vary Depending on the purchaser’s option. The registration cycle will begin on the first day of the purchaser’s birth month. In some cases, the rate for a license plate registration May be prorated from the month the vehicle is to be registered.
  120. The State of Florida Allows a temporary registration license plate and registration certificate valid for 90 days. This special exception Applies only to Applicants Who are temporarily employed in the state.
  121. The Division of Motorist Services is a great source for information Regarding registration and titling information.
  122. The National Motor Vehicle Title Information System was established by the Department of Justice. That is an online system used for the reporting of a vehicle’s title brand information Including title, lien and theft history.
  123. When going out of business you must turn in to the Department- All temp tags.
  124. When going out of business you must turn in to the department – All dealer plates.
  125. When going out of business you must turn in to the department – license certificates and PIN to the department.
  126. Dealer office Shall not be operated from or maintained in any residence.
  127. A dealer office must be in a permanent structure at the licensed location. In the case of an office trailer, the office must be anchored or tied down as required by Rule 15C-1010, F.A.C.
  128. A dealer office Shall Have a minimum of 100 square feet of indoor floor space exclusive of any hallways, closets or restrooms and a minimum 7‘ ceiling.
  129. The dealer Clearly office must be separated from any other business Which is being operated in the structure or building houses Which the dealership.
  130. The Tax Collector’s office is an agent of the Department of Highway Safety and Motor Vehicles. This office is responsible for processing Ultimately MOST tag and title applications Submitted by dealerships.
  131. The Environmental Protection Agency (EPA, 1963) established the Clean Air Act and Certification of Pollution Control Devices.
  132. As a dealer, you must understand That in the state of Florida, you are required to collect and remit taxes Certain As They apply to your business.
  133. You Do Not Need A License If You Sell Your Personal Vehicle only.
  134. When renewing must submit – Original An surety bond, original irrevocable letter of credit, original or continuation certificate in the amount of $ 25,000 for motor vehicle dealers, auction dealers and independent dealers. The Dealership’s Principal must sign the surety bond and Irrevocable Letter of Credit.
  135. When renewing must submit – Copy of proof of Garage Liability insurance Which must include at a minimum, $ 25,000 single combined limit liability coverage Including bodily injury and property damage protection and $ 10,000 personal injury protection or general liability policy coupled with a business automobile policy Which must include at a minimum, $ 25,000 combined single-limit liability coverage Including bodily injury and property damage protection and $ 10,000 personal injury protection. Signature of the insurance agent is required on all insurance policies. Salvage Dealers are exempt from Garage Liability Insurance.

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English: 8-Hour License Renewal Auto Dealer Course English: 8-Hour License Renewal Auto Dealer Course
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Joaquin Jimenez

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